Chris A. Baird | December 18, 2020
Does Self-Publishing Cost Too Much Money?

Many authors wonder about how much it would cost them to self-publish a book. Find out some helpful tips as well as the answer to the question, does self-publishing cost too much money, or if it's the cheaper route to go.

Formatting Your Book

Today's question has three answers and you're going to want to stick around for the third answer. Because it's a secret as to the exact amount of money you should be paying for self-publishing your book.

The question that was sent in today was, does self-publishing cost too much money? This is an excellent question that many authors wonder about. You've written a book or considering writing a book and you're wondering, is it going to cost too much money to self-publish?

Now, of course, if you were dealing with a traditional publisher, they would cover a lot of the costs. They would even give you maybe a bonus, a fee in the beginning. Just in terms of writing the book at all and you'd go that route.

The problem is that the gatekeepers only let a very small percentage of books though the profit margins are too low. And what do you do when you get rejected? You still should probably put your book onto the market.

But if self-publishing is too expensive, it leaves you feeling like you have used all of this time and feeling very foolish. That you wasted all of this time and energy to write a book that would never make it onto the market.

Check out this related article: What Are Best Places To Self Publish?

Because you're getting rejected on the one side and it's too expensive on the other side. Well, I'm going to correct some of the issues with this.

Check out my free Self-Publishing Checklist to ensure you're not making the self-publishing mistakes that many authors make that results in books that never make it to the market.

Or books that get to the market and simply don't make sales. Those are the things you will find fixed a bit inside of this checklist. So go ahead and take a look at that.

Formatting nightmare? Well, I'm going to tell a little bit of my own story with regards to books. When I started, I realized I needed a way to get the paperback version of my book onto the market.

Now the Kindle version is also a bit of a trick. I had some frustrations there but today we're going to focus a little bit on the paperback version, at the time it was Createspace. When I put books out it's KDP Print.

So we're putting our books out there and then we need to have it in a PDF. They will be able to put it out there in the right format that will look great when we publish it. The thing is I tried all different options.

I tried Word and maybe you put the right sizes and stuff. But then when you put it in the PDF, it doesn't exactly work because of the margins and some of the other little things in there, maybe the font types.

And when you finally do produce the PDF, there are additional things that you didn't think about that are going to be inside there. That creates a challenge because Word wasn't built to do this.

Now you can of course do it, I tried it and it ended up giving me a subpart result. The quality was a lot lower.

Jutoh Is The Right Tool

I then moved on to Fiverr paying people to do it for me. And again they were sort of using Word or other poor tools that weren't designed for this. So that the page numbering and the table of contents were off.

I then tried Scrivener and I had issues with it. Because of the table of contents issue again. Whereas you put it into the right format in the right size that we're going to be putting for the print format that we have on the market.

We then discover that we have some challenges where the pages don't quite match up or the table of contents isn't exactly giving you the correct numbering system. There's a whole series of tricks to get around that is just very painful.

I started to read a lot and watch a lot of videos on this subject. Until I came across a tool that could do what Scrivener and these other tools were unable to and that was Jutoh. You can check out this program if you'd like.

That's the tool that I recommend. My virtual assistants use it too when we're putting books onto the market because it just gets things right. The thing was it sold me very quickly.

Check out this related article: What Does Self Publishing A Book Mean?

I was amazed to find that this particular piece of software is fully capable of producing exactly the format that we need. To get it onto all of the different platforms including your EPUB and your Kindle format. That was a huge deal for me.

Because I had also gone through a similar frustration with my Kindle version. Where the coloring and all sorts of stuff were embedded in it. Also, when you write your book in Word or another similar program it adds a bunch of extra characters.

Jutoh will check and remove all of those extra characters for you very easily. The best thing was the cost is around $50, a one-time payment and you have the software forever. All of the issues that I faced and questions that I have, I just sent to the support people.

They were able to quickly resolve those issues for me. The thing is that $50 may seem like a lot of money. But how much do the other solutions cost me?

That's why we're focusing on cost today. So does self-publishing cost too much money? The first answer is "No" because you can do it 100% free.

You can go the route by just having a Word document or Open Office. Or maybe one of the Google document programs to produce your document.

Then would import in and will give you the different formats that you need. You can produce your Kindle version just by going to Smashwords setting up an account and putting it in there.

They will give you the Kindle version and you can use that Kindle version over on Amazon. This is a fantastic thing that many people have suggested with regards to getting your Kindle version without having to pay any money at all.

Time And Quality

You can do your cover on Canva. You've got the Kindle version and you've got your Print version. You didn't pay anything for any of these, you just wrote the book and you can do it all yourself. 

That sounds pretty tempting, right? Does self-publishing cost too much money? Is free too much? Hopefully not. I have several students who actually sort of want to go that route.

I'm willing to help as well so just let me know if you have any questions on that. The second thing is the tools will increase the profits you make off of the books. Because our books are going to be of higher quality when we have our cover done by somebody like Fiverr.

You can see my cover designer from Fiverr to do the cover designs. You also will save a lot of time. The time and quality of your book mean more sales which means you have more money coming in which is sort of the goal of this.

I originally tried the free route and then discovered as the money came in, I could then use that money to fund the paid versions of all of these programs. To make sure I was using correct keywords like using KDSpy to figure out exactly which keywords you should be using.

That is when you're going about trying to put a book on the market. Whether it's profitable or not a profitable keyword for your book title. The whole thing that you're doing it on and that is also a very important issue.

Check out this related article: How Much Does Self Publishing A Book Cost?

But let's get to the secret answer of the day. That is the correct price for you is well you need to find what works for you. How much money do you have?

If you have the money to invest, then I would recommend buying the correct tools. The tools that I have mentioned are the best. I've tested out hundreds and hundreds of free tools and other tools but these are the tools that I've found work best for me to do it.

So that I'm able to do self-publishing, putting each book out. I don't know, about $300 apiece or something. Getting the Audio version, the Paperbacks, the ePub, the Kindle version all of these sorts of things.

It's incredibly cheap actually, the price I'm able to hold the books at. But you get better and faster. You're able to do it with higher quality and a lower cost as you put more books out.

So we continually go through the cycle of this whole thing regarding the cost. So, how much are you willing to pay to self-publish a book? You can tell me below in the comments.

I'd love to hear what is too much and what do you consider just about right. Let me know in the comments and that will help me out. Check out my other blogs and videos for more answers to your self-publishing questions.

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